A Securities Exchange Board of India (SEBI) proposal by way of a consultative paper on 18 July 2019 to amend Reg. 33 of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations seeks to lay down in the rule book of listed entities that when auditors want to resign in the middle...
Deloitte Haskins & Sells LLP, the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu, is misinterpreting an important law as it seeks to avoid a five-year ban on new business, the government has informed the National Company Law Tribunal.
The...
The Reserve Bank of India (RBI) failed to do any credit analysis of the top-20 borrowers of ICICI Bank, even as their share had grown to 20.30% and had exposed the Bank to increased risk. Research undertaken by Moneylife, on the other hand, indicates that RBI deliberately concealed data that...
The government has asked market regulator Sebi to look at raising the minimum public shareholding level in listed companies to 35 per cent from the current 25 per cent, Finance Minister Nirmala Sitharaman said on Friday.
Presenting the Union Budget 2019-20 in Parliament, Sitharaman...
Presenting her first Union Budget, Finance Minister Nirmala Sitharaman proposed to transfer the regulatory authority over housing finance sector to the Reserve Bank of India (RBI) from the National Housing Bank (NHB).
Sitharaman told the Lok Sabha that the housing sector needs...
